Belmont Club

By Richard Fernandez

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Land versus sea

August 20, 2008 - 7:20 am - by Richard Fernandez
Rob
2008-08-20 09:11:44

Creative Capitalism is irrelevant to the problems in Russia. The problem with Russia is that the West made huge investments in the country which were then stolen by the Russian government through nationalization.

I don’t care how creative you want your capitalism, if you’re making an investment and then getting cheated out of it, you’re not going to want to repeat the effort.